Welcome to the media center for Invest Buffalo Niagara. Stay connected by following us on Facebook and Twitter. And be sure to check out Blog.BuffaloNiagara.org to stay up to date on activities and events driving our region forward.
“Our customers demand exceptional tires, and this investment improves our tire building capabilities, doubles our output, increases our speed to market and enhances the high-quality tires made in this facility,” said Yasutaka Ii, president and CEO of Sumitomo Rubber USA. “It also reinforces our commitment to our strong team members and our community here in Tonawanda and Western New York.”
The nonprofit organization reported engaging over 175 investors to deliver $2.23 million in investments to 32 companies in 2020. Buffalo-based Launch NY provides capital access and mentoring to startups in the 27 westernmost counties of New York State.
“This is another step in our efforts to let the world know that if you want to develop a medical device in the neuro and cardiovascular space, coming to Buffalo is a good place to be,” Jacobs Institute CEO William Maggio said.
“They were instrumental in helping us connect with the local politicians,” Terhune Jr. said. “They helped us with getting some grants through National Grid and with jumping through some hoops to find opportunities for small businesses like ours.”
“When I got to see everything that Douglas was doing, not just with Seneca One but part of the downtown renaissance that he’s helping build, I thought it was important for us to be supportive of that and to be part of that.” -Frank Ewing, CEO, AML RightSource
NYPPE soon plans to install newly acquired equipment at a 4,250-square-foot facility in Kenmore, where it will begin by hiring about 16 people to run its first production shift.
“We think the Lackawanna location is the best kept secret of the Western New York region,” Taylor said. “It’s perfect from a business growth standpoint with its supply chain access from overseas and Canada. It will allow us to capitalize on an underserved domestic market throughout the Great Lakes region.”
“Since we started the Lackawanna operation in January 2020 our experience has been extremely positive. We’ve had tremendous support from all local agencies and officials, as well as various trade partners,” said Jonathan Taylor, founder and CEO of Sucro Sourcing.
“I wish the entire community could see how awesome and distinctive Seneca One looks right now, from the shared spaces that [owner] Douglas [Jemal] has imagined and delivered, to our space,” said Trolli, the bank’s chief technology and operations officer.
“It really is going to be a cool place, and because of that, I think it is going to really attract top talent,” she said.
View our latest news releases.
